article thumbnail

Honda Civic Hybrid buyer’s guide

Drive.com

Although just one variant meets the price criteria thee:HEV L the Drive judges liked the Civic in its entry-level specification as it comes well equipped with an extensive range of features and technology. per cent for 36 months and balloon payment options of up to 45 per cent, with a 5.22

article thumbnail

How a novated lease could put cash back into your pocket

Drive.com

A typical novated lease is offered for anything from one to five years, at the end of which you can choose to extend your lease, return the car back to the leasing company or make a final ‘balloonpayment and buy the car outright. Oly does the heavy lifting with cutting-edge technology to streamline the whole process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should you pay cash or finance your new car?

CarExpert

You might choose to put a deposit against the car, or if it’s purchased by a business, a better option might be to select a balloon payment at the end of the loan to reduce ongoing payments. “Whether the payments are weekly, fortnightly or on a different schedule depends on what’s going to suit the customer.”

Finance 97
article thumbnail

Is buying an electric car on a novated lease worth it?

Drive.com

Alternatively, you might decide it’s time to upgrade to a new car on a new novated lease – which is particularly attractive with EVs, considering that the technology continues to improve year-on-year. Most leasing companies won’t take back the vehicle after the lease ends. Then you can sign a new novated lease on a new car.

article thumbnail

Personal Contract Hire (PCH) – Ultimate Guide

Car Examer

This means you can enjoy the latest models, technology, and safety features without committing to long-term ownership. HP PCP (Personal Contract Purchase) Lower Monthly Payments : Similar to PCH, PCP typically offers lower monthly payments. Drive a New Car Regularly PCH allows you to drive a new car every few years.

article thumbnail

2024 Skoda Kamiq Run-Out review

Drive.com

When estimated to equal terms – a four-year finance term, zero deposit, 15,000km annual allowance, and an equal balloon payment, where possible to set it on each brand’s website – the Kamiq costs $120 per week (at a 6.99 per cent comparison rate), a Seltos S is $129/week at 9.8